Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. The normal production capacity for this putter is 105,000 units per year. The total budgeted overhead at normal capacity is $945,000 comprised of $367,500 of variable costs and $577,500 of fixed costs. Byrd applies overhead on the basis of direct labor hours.

During the current year, Byrd produced 72,600 putters, worked 86,400 direct labor hours, and incurred variable overhead costs of $196,020 and fixed overhead costs of $602,400.

BACK cEs Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines thet it should take one hour of direct labor to produce one GO-Putter. The normal 00 of vanable costs and SS77 SO oftedcosts. Dyrd production capacity for this putter is 105.000 unts per year. The total budgeted overhead at no mal capacity is s945,000 comp sed of367 applies overhead on the basis of direct labor hours. During the current year, Byrd produced 72,600 putters, worked 86,400 direct labor hours, and incurred variable overhead costs of $196,020 and fixed overhead costs of $602,400. Compute the predetermined variable overheed rate and the predetermined fixed overhead rate. (Round answers to 2 decimal places, e.g.2.. Variable Fixed Predetermined Overhead Rate Compute the applied overhead for Byrd for the year Overhead Applied Compute the total overhead variance. Total Owerhead Variance Version 4.24.6